CPA Australia introduces new RG146 subjects

CPA Australia has added new financial planning subjects to its CPA program, which, once completed, put accountants at the RG146 level of knowledge.

According to the CPA Australia website, the new course, known as Financial Planning Fundamentals, is for those looking to offer financial planning services as well as achieve CPA status.

“That’s why we’re introducing four new financial planning subjects; to provide you with the ability to meet the knowledge requirements as set by ASIC in RG146 and make progress towards a career in financial planning as you complete the CPA program,” the website states.

The exam will be “open book” and will compromise multiple choice questions and written response. The exam will also be held on a fixed date, and candidates must be available to attend, the website states.

The new course comes after CPA Australia launched its financial advice business, CPA Australia Advice, in July 2016.

ifa later reported that chief executive Alex Malley was confident in the progression of the licensee, despite having only 11 advisers currently listed as authorised representatives at the time.